Brian Hunter and Amaranth Say “I’m Sorry”

“We feel bad about losing our money, but we feel much worse about losing your money,” . These are the words of Amaranth founder Nick Mauonis. It seems that floor traders finally got back at Amaranth, who the traders say pushed them around for months with their huge positions. None of the floor traders were willing to let them out of their positions. According to the NY Post, ” A lack of buyers in the public market forced Amaranth to pay J.P. Morgan and Citadel Investments nearly $2 billion to take on the risk of its natural gas portfolio earlier this week.”